Tag Archives: Cajeros Automáticos

Cash remains king in Chile but…

[Bernardo Batiz-Lazo y Juan Felipe Espinosa discuten en The Conversation sobre la reciente crisis de cajeros automáticos y sus consecuencias sobre la prominencia de los pagos en efectivos en Chile. El artículo comienza así…]

“Cash remains king in Chile but its days could be numbered

For more than a year now, Chileans have endured a crisis of cash access. Despite global moves toward new forms of payment such as contactless and mobile transfers, the crisis in Chile highlights the continuing importance of ATMs in today’s payment ecosystem for many people worldwide – particularly those with lower incomes.

Cash is used by the majority of Chileans to pay for most things – from everyday necessities like food, drink and transport to monthly rent and the odd weekend treat for the family. So a lack of cash prevents Chileans at the base of the economic pyramid in particular to go on with their daily lives. Borrowing money through someone else’s credit card is also a common practice, where the money loaned on credit is repaid in cash.” Continue reading

ATMs lose their charm in Chile

Bernardo Batiz-Lazo y Juan Felipe Espinosa escriben sobre la misteriosa desaparición de cajeros automáticos en Chile en www.atmmarketplace.com. El texto comienza así:

“A very public and acrimonious row has emerged in Chile. On the one hand are private retail banks. On the other hand are 16 million consumers and the government. The latter claim that an 11 percent reduction in the ATM stock (or a fall of 1,100 machines from its peak of 9,300 devices in 2012), fails to meet the demand for out-of-hours access to cash. The latest move in this row has seen the Superintendencia de Bancos e Instituciones, the bank regulator, threatening to introduce a requirement for 95 percent “uptime” for all ATMs. Other recent measures include rules that set specific time periods for the replacement of damaged or stolen machines, with hefty fines for those who fail to meet new guidelines…”. Continue reading

Lanzamiento Cash Box

41aidwlnaxl-_sx300_Mientras tanto, en el DF en México, el próximo lunes 26 de agosto tendrá lugar, en el SALON 2247 del Colegio de México la presentación del libro de nuestro amigo de Pasado & Presente, Bernardo Batiz Lazo junto a Tom Harper, Cash Box the Invention and Globalization of the ATM. Comentarios de Carlos Marichal (Colmex) y Gustavo del Ángel (CIDE). Cupo limitado. RSVP.